62 Primrose Crescent Leeds

  • 3
    Beds
  • 1
    Baths
  • 0
    Cars

£140,000 (GBP | AUD | EUR)

Positive Cash Flow £42.00
Instant Equity £10,000.00
Market Value £150,000.00 Monthly Rent £625.00
Purchase Price £140,000.00 Monthly Mortgage £583.00
Discount 6.66666666667% Monthly Profit £42.00

Capital Growth

Well presented three bedroom semi detached property.

Simon Mills

Mobile
0410341001

Email
smills@rhmv.com.au

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Total
Annual Rent £7500£7,725£7,956£8,194£8,439£8,692£8,952£9,220£9,496£9,780  
Annual Mortgage Cost £6,996£6,996£6,996£6,996£6,996£6,996£6,996£6,996£6,996£6,996  
Annual Profit £504£729£960£1,198£1,443£1,696£1,956£2,224£2,500£2,784 £15,994
                       
Value Of Property £150,000£154,500£159,135£163,909£168,826£173,890£179,106£184,479£190,013£195,713  
Mortgage Balance £140,000£140,000£140,000£140,000£140,000£140,000£140,000£140,000£140,000£140,000  
Equity £10,000£14,500£19,135£23,909£28,826£33,890£39,106£44,479£50,013£55,713 £55,713
                       
Assumes a 3% annual growth rate of rental income and property value. Total Profit From 10 Years Ownership       £71,707